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opr <br />THIS AGREEMENT, entered into between the City of Vero.Beach.- Florida. <br />L municipal corporation of the State of Florida. hereinafter- referred to as the •:- <br />' City" and Indian River County. _° a political .subdivision of t ie Smote of Fiorid2;4 <br />hereinafter referred to as the "County": t <br />• - <br />'WITNESSETH - <br />WHEREAS,. -the City now owns. operates, supervises and manages awater <br />system consisting of wells. water treatment plant.. pumping and storage facilities:' - -'1- <br />distribution maa'�is service.inains, meters and appurtenances; and • e -''_ - . . <br />_ _. .,. <br />"'• - • sand mantises aj - !'f _' <br />tiyHEREAS,' the City now owns, • operates, supervise. - <br />sanitary sewage'syste n, -consisting of sanitary sewors, sewage pumpinj* stations. - .r. <br />• -- <br />..-• - <br />sewage force mains. sewage treatment plant. outfall line and appurten.•tncds;-and =- <br />n :_ <br />• <br />WHEREAS, i�s the intent and purpose of the City toe land. enlarge and <br />.� <br />Improve its water system and sanitary sewer system under its 2972 capital improve= <br />Ment program particularly to increase the treating capacity of its water supply -ind <br />,treatment facilities as well as the. capacity and degree of treatment of its sewage <br />treatment plant, all as described in City Ordinance No. f174 adopted by the City <br />Council on AuC. 6t 1972; hereinafter referred to as '.'Bond Ordinance"; and <br />-1. - <br />WFIEREAS, by acceptance of $6. 600, 000, Water and Sewer System Revenue - - <br />•Bonds. Series 1972, the City has entered into a contract with: the bondholders as <br />- <br />more fully described in Official Statement dated October 2, 1972, in addition to ?! _ <br />contracts contained in earlier Ordinances governing pre.'icus bond issues; and <br />• WiYEiIEAS it is the intent and purpose of the Cou.^ty to construct; o.... _ <br />c e: t maintain, u ;,-,a:.a;2 a a etJ Cd c' . <br />�� a sup, 2itCi ^i:ilse lti F a$L.ci7'�L_JR a7 <br />�e ' <br />sewage collection system, hereinafter -called the "County's Systeny which system <br />Is to distribute treated water and collect sewage from certain designated <br />e <br />unincorporated areas of Indian River County, including private utilities in the _ I <br />County, and for.the time period stipulated herein, to receive treated water from the City and deliver ratio sewage to the City's. treatment plant; and - <br />b.t ..13 <br />MAY 51976 ° <br />